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Elections·South Korea

Jeonnam–Gwangju Mayoral Election Winner

icon for Jeonnam–Gwangju Mayoral Election Winner
Elections·South Korea

Jeonnam–Gwangju Mayoral Election Winner

NEW
Polymarket
NEW
icon for Min Hyung-bae

Min Hyung-bae

$3,106 Vol.

99%

icon for Lee Jung-hyun

Lee Jung-hyun

$989 Vol.

<1%

The Jeonnam–Gwangju mayoral election is scheduled to take place on June 3, 2026. This market will resolve according to the candidate who wins this election. Interim, temporary, or caretaker mayors will not count. If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).Trader consensus overwhelmingly favors Democratic Party of Korea candidate Min Hyung-bae at 99.4% implied probability to win the June 3, 2026, inaugural Jeonnam-Gwangju Special City mayoral election, reflecting the party's longstanding dominance in the Honam region's local elections, where People Power Party challengers historically garner under 20% support. Min secured the nomination on April 14 after a competitive primary runoff against Kim Young-rok, bolstered by favorable internal polls showing him ahead 42-43% in key matchups. PPP nominated former lawmaker Lee Jung-hyun on April 22, who has set a modest goal of 30% turnout to signal regional inroads rather than outright victory. Barring a major scandal, health crisis for Min, or unprecedented voter shift, the outcome aligns with Honam's entrenched partisan patterns.

The Jeonnam–Gwangju mayoral election is scheduled to take place on June 3, 2026.

This market will resolve according to the candidate who wins this election.

Interim, temporary, or caretaker mayors will not count.

If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other".

This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).
Volume
$4,095
End Date
Jun 3, 2026
Market Opened
Apr 23, 2026, 6:08 PM ET

Resolver

0x69c47De9D...
The Jeonnam–Gwangju mayoral election is scheduled to take place on June 3, 2026. This market will resolve according to the candidate who wins this election. Interim, temporary, or caretaker mayors will not count. If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).
The Jeonnam–Gwangju mayoral election is scheduled to take place on June 3, 2026. This market will resolve according to the candidate who wins this election. Interim, temporary, or caretaker mayors will not count. If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).Trader consensus overwhelmingly favors Democratic Party of Korea candidate Min Hyung-bae at 99.4% implied probability to win the June 3, 2026, inaugural Jeonnam-Gwangju Special City mayoral election, reflecting the party's longstanding dominance in the Honam region's local elections, where People Power Party challengers historically garner under 20% support. Min secured the nomination on April 14 after a competitive primary runoff against Kim Young-rok, bolstered by favorable internal polls showing him ahead 42-43% in key matchups. PPP nominated former lawmaker Lee Jung-hyun on April 22, who has set a modest goal of 30% turnout to signal regional inroads rather than outright victory. Barring a major scandal, health crisis for Min, or unprecedented voter shift, the outcome aligns with Honam's entrenched partisan patterns.

The Jeonnam–Gwangju mayoral election is scheduled to take place on June 3, 2026.

This market will resolve according to the candidate who wins this election.

Interim, temporary, or caretaker mayors will not count.

If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other".

This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).
Volume
$4,095
End Date
Jun 3, 2026
Market Opened
Apr 23, 2026, 6:08 PM ET

Resolver

0x69c47De9D...
The Jeonnam–Gwangju mayoral election is scheduled to take place on June 3, 2026. This market will resolve according to the candidate who wins this election. Interim, temporary, or caretaker mayors will not count. If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).

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Frequently Asked Questions

"Jeonnam–Gwangju Mayoral Election Winner" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Min Hyung-bae" at 99%, followed by "Lee Jung-hyun" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 99¢ implies that the market collectively assigns a 99% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Jeonnam–Gwangju Mayoral Election Winner" is a newly created market on Polymarket, launched on Apr 23, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Jeonnam–Gwangju Mayoral Election Winner," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Jeonnam–Gwangju Mayoral Election Winner" is "Min Hyung-bae" at 99%, meaning the market assigns a 99% chance to that outcome. The next closest outcome is "Lee Jung-hyun" at 0%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Jeonnam–Gwangju Mayoral Election Winner" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.